A hedge fund manager who became widely-known for predicting and making money off the bursting of the U.S. housing bubble is warning that Canada’s real estate market may be repeating America's mistakes.

Steven Eisman, who was featured prominently in The Big Short, a book about investors who made money off the recent economic crisis, told a conference in New York City Canada’s lenders are vulnerable to a slowdown in the housing market.

Eisman singled out Home Capital, a Canadian mortgage lender that loans money to people rejected by banks (what in the U.S. would qualify as a “subprime” loan), as a company that could be in deep trouble amid a housing downturn.

“If housing rolls over, this company is going to have problems,” he said.

“That’s the wonderful thing about the markets; if all of us had the same view, we couldn’t afford to buy anything,” Munk said. “It’s wonderful to have opposing views.”

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U.S. Homes Over $100 Million

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New York City residence listed for $125 million.

$100 million home in Miami Beach, Florida.

$100 million mansion and property is Hillsborough, California.
Listed by: Sotheby's International Realty

This Manhattan home is listed for $115 million.
New York, New York

This Bel Air Area mansion was on sale for $125 million.

This Woodside, California mansion reportedly sold for $117.5 million.

This Palm Beach, Florida home had an asking price of $125 million.

A real estate mogul bought this Augusta, Montana ranch for $132.5 million.
SOLD by: Swan Land Company

The asking price is $135 million for this Dallas, Texas estate.

The tech billionaire paid $100 million for this Silicon Valley home.

The Most Expensive Homes In The World (July, 2012)

Located in Mumbai, India, this 27 floor home is owned by billionaire Mukesh Dhirubhai Ambani. According to the LA Times it has a swimming pool, yoga studio and mini-theater. And it only costs $1 billion dollars.
(Bloomberg/Getty photo)

This $506 million villa was completed in 1931 on a Cote D'Azur, France estate once owned by King Leopold II of Belgium. The current owner, philanthropist Lily Safra, has access to 19 bedrooms, 14 bathrooms and a private beach front according to World Most Expensive.

Nestled in London town, this $200 million penthouse apartment has bulletproof windows, a wine-tasting room and an underground tunnel according to REP Interactive.
(Photo by Rex/Rex USA)

This beach property located in Sagaponack, New York is the most valuable home in the United States. Currently owned by American investor Ira Rennert, this oasis includes 29 bedrooms and 39 bathrooms according to REP Interactive. Valued at $170 million, there is also five tennis courts and a bowling alley.

Once owned by publishing tycoon William R. Hearst, this home is valued at $165 million. According to Hearst Castle's website, the mansion has three swimming pools, a wine cellar and a zoo!
(AP photo)

Valued at $150 million, the abode built for producer Aaron Spelling is the sixth most expensive home in the world. According to Huff Post LA this property has 14 bedrooms and 27 bathroom. There's also bowling alley and library.
(Shane Gritzinger, FilmMagic / Getty Images)

Fleur de Lys is a little piece of France in California. Inspired by Versailles, this home has a total of 100 rooms including a ballroom. It is also decked out in rare Louis XIV and Louis XV antiques. Hey, for $125 million did you expect anything less?
Watch the video above from HGTV to see a tour of this amazing home!

The Most Expensive Houses For Sale In Canada (March, 2013)

The most expensive house for sale in Quebec is located in the suburb of Laval, on the shores of the river separating it from the island of Montreal. The house has six bedrooms and eight baths on 9,800 square feet of land.

The house features a heated inground pool.

A very ornate living room.

The dining hall.

Twin staircases flank the lobby.

The kitchen features a large island.

A spacious bathroom.

The media room.

The wine cellar.

A custom-built, 8,300-square foot home with four bedrooms on three acres of land in Shediac Cape. The house features its own elevator.

A fully equipped gourmet kitchen with large centre island opens to breakfast room.

Vaulted ceiling adorn the main room, and the entrance foyer features inset ceiling lights and a chandelier.

Dining room.

The second floor offers magnificent master suite with sitting area adorned by propane fireplace, access to balcony, dressing room, luxurious ensuite and guest room/bedroom with ensuite.

This two-year-old property on Ketch Harbour near Halifax has three bedrooms and four baths, made from high-grade Italian limestone. But the property doesn't seem to be selling; it was the most expensive property for sale in Nova Scotia the previous time HuffPost compiled this list, in October, 2012.

A slick, modernist bedroom with stunning views.

Stunning views of the ocean.

Located above the bluffs of P.E.I.'s stunning North Coast, this house features six bedrooms and nine baths, and clocks in at a stunning 13,360 square feet.

The kitchen is a blend of rustic and modern.

The study.

A bedroom with fireplace.

Upper levels open on to the great room.

A spiral, three-story staircase.

A snug bedroom with fireplace.

Take the virtual tour.

This lime green, six-bedroom, nine-bath house just outside of Corner Brook is the most expensive property for sale in Newfoundland. The two-story, 6,000-square-foot house features a walkout basement that offers access to the back yard.

The main floor has a floor-to-ceiling fireplace.

The realtor describes the gourmet kitchen as a "chef's dream."

"Cathedral ceilings" top the second floor.

The back yard.

The most expensive house for sale in Ontario is a condo in Toronto's posh Yorkville, in new building across the street from the Royal Ontario Museum. Suite 1400 at 155 Cumberland Street has four bedrooms and five bathrooms on two stories, with tons of balconies and verandas surrounding the whole thing.

Swank terraces adorn the building.

The unit has 5,000 square feet of terraces, and a pretty nice view.

The second floor.

Looking south towards the downtown core.

A custom-built, 7,851-square foot home with five bedrooms and nine baths in Winnipeg's Ridgedale neighbourhood.

The great hall.

The living room.

A very post-modern entertainment room.

The games room.

A rustic kitchen, despite all the amenities.

Now that's a bathtub.

The gym.

The view from the back.

This is the only image we have of the most expensive property for sale in Saskatchewan, as the seller has not provided any other photos. The realtor describes this five-bedroom, six-bath house on 4,300 square feet near Saskatoon as a "must see property." We'll have to take his word for it.

Six bedrooms and eight baths in this house located in the scenic mountain town of Canmore. The house was an Architectural Digest showpiece.

Vaulted ceilings in the great room.

The kitchen.

A hidden staircase leads to the wine grotto.

The media room.

A fireplace in the bedroom.

Stunning location.

Seven bedrooms and eight baths on 13,000 square feet in this "European style" mansion in West Vancouver. This was the most expensive house listed for sale in Canada as of March 28, 2013.